Author:Changpeng Zhao, Binance’s chief executive officer , says the subsidiary of the cryptocurrency exchange, Binance Nigeria Limited, is a “scammer entity”.“Binance have issued cease and desist notice to the scammer entity ‘Binance Nigeria Limited’. Don’t believe everything you read in the news,” Zhao tweeted.
“As the regulator with the statutory mandate of investor protection, the commission urges Nigerians to be wary of investing in crypto assets, and crypto-asset related financial products and services if the service provider/its platform is not registered or regulated by the commission.”, as it plans to exit the Netherlands, Cyprus, Canada, and Australia.
The company is being charged by the U.S. Securities and Exchange Commission for allowing the trading of unregistered tokens.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Scammer entity’ -- Changpeng Zhao, Binance CEO, says operations of Nigerian subsidiary fraudulent | TheCableChangpeng Zhao, Binance’s chief executive officer (CEO), says the subsidiary of the cryptocurrency exchange, Binance Nigeria Limited, is a 'scammer entity'.
Source: thecableng - 🏆 2. / 80 Read more »
Binance Chief Executive Officer, Zhao Calls Binance Nigeria Limited A Scam | Sahara ReportersChangpeng Zhao, the Chief Executive Officer of the global cryptocurrency exchange platform, Binance, has declared Nigeria's subsidiary of the platform as a scam entity. Zhao made the declaration on Sunday via his Twitter handle. The Binance boss wrote, “Binance has issued cease & desist notice to the scammer entity “Binance Nigeria Limited”. Don’t believe everything you read in the news.”
Source: SaharaReporters - 🏆 9. / 63 Read more »
Binance CEO says 'Binance Nigeria Limited' is a 'scam entity''Binance has issued cease and desist notice to the scammer entity 'Binance Nigeria Limited'. Don't believe everything you read in the news,' Binance CEO's tweet reads.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
JUST IN: Binance CEO declares 'Binance Nigeria Limited scam entity'The Chief Executive Officer of Binance, Changpeng Zhao, has declared Nigeris's subsidiary of the global cryptocurrency exchange platform as a scam.
Source: MobilePunch - 🏆 8. / 63 Read more »
Ex-NASENI CEO to Tinubu: Prioritise homegrown technology for sustainable development | TheCableMohammed Sani, former executive chairman of the National Agency for Science and Engineering Infrastructure (NASENI), says the...
Source: thecableng - 🏆 2. / 80 Read more »
Arik Air Receiver Manager, Omokide Debunks N120Billion Fraud Allegations | Sahara ReportersThe Receiver Manager of Arik Air, Kamilu Omokide, has debunked allegations of being involved in N120 billion fraud and investigated by the Economic and Financial Crimes Commission (EFCC). SaharaReporters had reported that the EFCC detained the receiver manager who was appointed by the Assets Management Corporation of Nigeria (AMCON), for Arik Nigeria Limited, Omokide, over financial mismanagement and diversion of monies totalling over N120 billion.
Source: SaharaReporters - 🏆 9. / 63 Read more »